Pattern Competitors
| PTRN Stock | 12.39 0.91 7.93% |
Pattern Group vs WeRide American Correlation
Very good diversification
The correlation between Pattern Group Series and WRD is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pattern Group Series and WRD in the same portfolio, assuming nothing else is changed.
Moving against Pattern Stock
Pattern Group Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Pattern Group and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Pattern and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Pattern Group Series does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Pattern Stock performing well and Pattern Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Pattern Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASAN | 2.23 | (0.75) | 0.00 | (0.77) | 0.00 | 3.44 | 15.87 | |||
| KC | 2.92 | 0.06 | (0.01) | (0.13) | 3.30 | 8.10 | 29.29 | |||
| BLKB | 1.80 | (0.39) | 0.00 | (0.48) | 0.00 | 2.57 | 12.40 | |||
| AGYS | 2.14 | (0.50) | 0.00 | 0.83 | 0.00 | 3.41 | 25.48 | |||
| BL | 1.85 | (0.43) | 0.00 | (0.26) | 0.00 | 2.73 | 12.75 | |||
| GBTG | 2.22 | (0.48) | 0.00 | (4.36) | 0.00 | 3.82 | 15.25 | |||
| DAVE | 3.29 | (0.64) | 0.00 | (0.13) | 0.00 | 6.01 | 19.07 | |||
| FRSH | 2.02 | (0.31) | 0.00 | 1.14 | 0.00 | 3.12 | 16.54 | |||
| BRZE | 2.89 | (0.77) | 0.00 | (0.57) | 0.00 | 3.40 | 27.69 | |||
| WRD | 3.01 | (0.57) | 0.00 | (0.48) | 0.00 | 4.25 | 24.73 |
Pattern Group Competitive Analysis
The better you understand Pattern Group competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Pattern Group's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Pattern Group's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Pattern Group Competition Performance Charts
Five steps to successful analysis of Pattern Group Competition
Pattern Group's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Pattern Group Series in relation to its competition. Pattern Group's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Pattern Group in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Pattern Group's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Pattern Group Series, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Pattern Group Correlation with its peers. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Will Internet & Direct Marketing Retail sector continue expanding? Could Pattern diversify its offerings? Factors like these will boost the valuation of Pattern Group. Anticipated expansion of Pattern directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Pattern Group data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Pattern Group Series requires distinguishing between market price and book value, where the latter reflects Pattern's accounting equity. The concept of intrinsic value - what Pattern Group's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Pattern Group's price substantially above or below its fundamental value.
It's important to distinguish between Pattern Group's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pattern Group should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Pattern Group's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.